Cost of Living: Baltimore, MD vs Evansville, IN (2026)

Baltimore

Maryland
84
VS

Evansville

Indiana
57

Baltimore is 47% more expensive than Evansville.

$1,290/mo ↑ 36%
Median Rent
$949/mo ↓ 26%
$59,623/yr ↑ 14%
Median Income
$52,251/yr ↓ 12%
$219,300 ↑ 70%
Home Value
$129,100 ↓ 41%
$1,333/mo ↑ 45%
Owner Costs
$919/mo ↓ 31%
577,193
Population
116,441

Tax Comparison

5.75%
Income Tax
3.05%
6.0%
State Sales Tax
7.0%
1.07%
Property Tax
0.83%

Affordability

26.0%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Baltimore, MD and Evansville, IN, the overall cost of living indices are 84 and 57 respectively (national median = 100). Rent is $341/month cheaper in Evansville, saving renters about $4,092/year.

Median household income is $7,372/year higher in Baltimore. Home values also differ significantly — the median in Baltimore is $219,300 compared to $129,100 in Evansville.

Indiana has a lower income tax rate, making Evansville slightly more tax-friendly.

Frequently Asked Questions

Baltimore vs Evansville — common questions

Is Baltimore or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 84 (US average = 100).
What is the rent difference between Baltimore and Evansville?
Median rent in Baltimore is $1,290/month and in Evansville it's $949/month — a difference of $341/month.
Which city has higher income, Baltimore or Evansville?
Median household income is $59,623 in Baltimore and $52,251 in Evansville. Median household income is $7,372/year higher in Baltimore.
How do taxes compare between Maryland and Indiana?
Maryland has 5.75% income tax, 6.0% sales tax, and 1.07% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Baltimore or Evansville?
It depends on your priorities. Baltimore has a cost index of 84 with median rent of $1,290/mo, while Evansville has a cost index of 57 with rent of $949/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Baltimore details → View Evansville details →

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